In accordance with N.C. Gen. Stat. §115D-20.9, the Board of Trustees shall recognize the legal authority of the Carteret Community College Foundation, Incorporated, as a nonprofit 501 (c)(3) corporation organized and operated exclusively for the educational purposes of the College and with Articles of Incorporation under the laws of North Carolina (Non Non-Profit Corporation Act). As such, the Foundation has a governing Board of Directors and may promote, establish, conduct, and maintain activities on its own behalf and solicit and receive funds and other real property; it may invest, reinvest, hold, manage, administer, expand and apply such funds and property so long as such procedures and/or actions do not violate or otherwise infringe upon the Carteret Community College Board of Trustees. The College President shall have oversight responsibility for the Carteret Community College Foundation, Inc., and serve on the Board of Directors as the Secretary.
The CCC Foundation, Inc., Board of Directors is governed by the latest edition of the organizational CCC Foundation Bylaws.
The Foundation is governed by a Board of Directors made up of one representative of the College’s Board of Trustees and at-large representatives. Nominations of new board members are reviewed and approved annually by the Governance Committee of the Carteret Community College Foundation Inc., Board of Directors. Final approval of new board members is the responsibility of the CCC Foundation Board of Directors.